A provisional attachment order under the Prevention of Money Laundering Act (PMLA) law has been issued, a senior official said.

The ED began its probe against the politician and his associates on the basis of a Central Bureau of Investigation (CBI) FIR that stated that since "May 2004, Jagan floated number of companies wherein quid pro quo investments have been made by beneficiaries from decisions of the state government in various forms like SEZs (special economic zones), irrigation contracts, relaxation/permission for real estate ventures, mines among others."